Population distribution in Japan 2018, by wealth range

Population distribution in Japan in 2018, by wealth range

Adults with 100 thousand to one million U.S. dollars in wealth made up around 48.4 percent of the Japanese population in 2018, while the second largest share of people were worth between 10,000 and 100,000 dollars. Together, these groups accounted for approximately 92 percent of the population, making Japan not only one of the wealthiest nations worldwide, but also the most equal major society.
Wealth versus income

Wealth, as opposed to income, measures the ownership of assets in a society, rather than the current income. Together with GDP, GDP per capita, and household disposable income, it helps understand the economic well-being of households. Furthermore, the distribution of wealth gives an indication about the degree of equality in a society. Illustrated by its wealth distribution, Japan can be considered relatively equal compared to other countries.

Egalitarian corporate culture

In recent years, wealth inequality has become the subject of increasing focus among policymakers, academics and the general public. While several factors have contributed to the high equality in the country, it is safe to say that the egalitarian ethic in Japanese corporate culture is one of these reasons. This is reflected, for example, in the income structure; Japanese CEOs earn remarkably less than their counterparts in the United Kingdom or the United States. In a ranking of the average income of business leaders worldwide by country, Japan did not even make it into the list of the top ten countries.

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Adults with 100 thousand to one million U.S. dollars in wealth made up around 48.4 percent of the Japanese population in 2018, while the second largest share of people were worth between 10,000 and 100,000 dollars. Together, these groups accounted for approximately 92 percent of the population, making Japan not only one of the wealthiest nations worldwide, but also the most equal major society.

Wealth versus income

Wealth, as opposed to income, measures the ownership of assets in a society, rather than the current income. Together with GDP, GDP per capita, and household disposable income, it helps understand the economic well-being of households. Furthermore, the distribution of wealth gives an indication about the degree of equality in a society. Illustrated by its wealth distribution, Japan can be considered relatively equal compared to other countries.

Egalitarian corporate culture

In recent years, wealth inequality has become the subject of increasing focus among policymakers, academics and the general public. While several factors have contributed to the high equality in the country, it is safe to say that the egalitarian ethic in Japanese corporate culture is one of these reasons. This is reflected, for example, in the income structure; Japanese CEOs earn remarkably less than their counterparts in the United Kingdom or the United States. In a ranking of the average income of business leaders worldwide by country, Japan did not even make it into the list of the top ten countries.

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Release date

October 2018

Region

Japan

Survey time period

2018

Special properties

adults

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